...MANAGEMENT INFORMATION SYSTEM. QUESTION 1 What is MIS? Explain different types of information system serving at different levels in organization. Give suitable example. ANSWER Management Information System provides information in the form of reports and displays to managers and many business professionals. For example, sales managers may use their network computers and web browser to get instantaneous displays about the sales results of their products. TYPES OF INFORMATION SYSTEMS IN AN ORGANIZATION. (i) TRANSACTION PROCESSING SYSTEM: These are important examples of operation support systems that record and process data resulting from business transactions. The processing is either batch or on-line processing. (ii) EXECUTIVE INFORMATION SYSTEM: This provide critical information in easy-to-use displays to a variety of managers .For example, top executives may use touch screen terminals to instantly view text and graphic displays that highlights key areas of organizational performance. (iii) DECISION SUPPORT SYSTEMS: This gives direct computer support to managers during decision-making process. For example, advertising mangers may use electronic spreadsheet program to do what –if analysis directly at meeting. (iv) PROCESS CONTROL SYSTEMS: It monitors and control physical processes through electronic sensors linked to computers continually monitor processes and make instant (real time) adjustments e.g. petroleum refinery processes. (v) ENTERPRISE...
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...Lecture 1, 2, 3, 4 Business: Formal organization that makes profit. MIS: How to use information system and technology to help your firm achieve business objectives. Why is information system important for business? 1. Operational excellence 2. New products, services, and business models. 3. Improved decision making 4. Attain consumer and supplier intimacy. 5. Promote competitive advantages. 6. Ensure survival of organization. Data: Raw facts that represent objects and events occurring in an organization. Data > -Input devices- > Process > Information What is the difference between Data & Information? Information is processed data, it is data that has been shaped into a meaningful form. Information technology: consists of all hardware and software that a firm needs to use in order to achieve its goals and objectives. Information system: A set of components that collect data, store it and then distribute it as information to support decision making and control in an organization which is an application. What are the 4 activities in an information system? 1. Input data. 2. Process data. 3. Output information. 4. Feedback. List and describe the 3 dimensions of an information system. Organization: Structure, history, and culture of the organization affect how information system is used and built. People: Information system needs skilled people to build them, maintain them, and understand how to use them in achieving business goals. Technology: 1. Computer hardware. 2....
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...IS – 535 Study Guide Answers 1. Why Information Systems so important? Information Systems are not just technology, it is also a business perspectives. Information Systems are a foundation for conducting business today. Information Systems are essential tools for helping organizations operate in a global economy. Many companies are trying to become more competitive and efficient by transforming themselves into digital firms where nearly all core business processes and relationships with customers, suppliers, and employees are digitally enable. Businesses today use information systems to achieve six major objectives: Operational excellence, new products, services, and business models; customer/supplier intimacy; improved decision making; competitive advantage; and day to day survival. 2. What are the features of an organization? All modern organizations have certain characteristics. They are bureaucracies with clearcut divisions of labor and specialization. Organizations arrange specialists in a hierarchy of authority in which everyone is accountable to someone and authority is limited to specific actions governed by abstract rules to procedures Organizations try to hire and promote employees on the basis of technical qualifications and professionalism. The organization is devoted to the principle of efficiency: maximizing output using limited inputs. Other features of organizations include their business processes, organizational culture, organizational...
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...Introduction Organizations must learn how to build and implement systems to remain competitive. Software that is built correctly can support agile organizations and can transform as the organization and its business transforms. Software that effectively meets client’s needs will help an organization become more productive and enhance decision making. Software that does not meet client’s needs may have a damaging effect on productivity and can even cause a business to fail. Employee involvement along with using the right implementation methodology when developing software is critical to the success of an organization History The Systems Life Cycle (SLC) is a type of methodology used to describe the process for building information systems, intended to develop information systems in a very deliberate, structured and methodical way , reiterating each stage of the life cycle. The systems development life cycle, according to Elliott & Strachan & Radford (2004), " originated in the 1960s, to develop large scale functional business systems in an age of large scale business conglomerates. Information systems activities revolved around heavy data processing and number crunching routines" . Several systems development frameworks have been partly based on SDLC, such as the Structured Systems Analysis and Design Method (SSADM) produced for the UK government Office of Government Commerce in the 1980s.Eversince, according to Elliott (2004), " the traditional...
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...features of organizations do managers need to know about to build and use information systems successfully? What is the impact of information systems on organizations? Define an organization and compare the technical definition of organizations with the behavioral definition. Students can make use of Figures 3–2 and Figure 3–3 in answering this question. The technical definition defines an organization as a stable, formal social structure that takes resources from the environment and processes them to produce outputs. This definition of an organization focuses on three elements: Capital, labor, and production and products for consumption. The technical definition also implies that organizations are more stable than an informal group, are formal legal entities, and are social structures. The behavioral definition states that an organization is a collection of rights, privileges, obligations, and responsibilities that are delicately balanced over a period of time through conflict and conflict resolution. This definition highlights the people within the organization, their ways of working, and their relationships. The technical definition shows us how a firm combines capital, labor, and information technology. The behavioral definition examines how information technology impacts the inner workings of the organization. Identify and describe the features of organizations that help explain differences in organizations’ use of information systems. Common features for organizations include:...
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...Review “Why Business Models Matter” By Joan Magretta Student Name: Khairil bin Sarian Title: Why Business Models Matter Author: Joan Magretta Year of Article: 2002 Abstract This article discusses about the business model and strategy that popularly being used in the organization as a tool to stream a good profit to their business. The concept was introduced and being used during the beginning of internet utilization by all organization. It is not easy to have this kind of thinking to create a business model and strategy which is two different concept needed to be applied. By looking at this concept, business model required to identify your customer and need to plan how to make money from them by providing a value services while strategy explain how we can be different by others in term of providing services and so on. Inside the article, Magretta give us a well constructed thought on the concept that being used by certain example of company that was succeed. This will enable us to define whether the concept is useful only for certain type of business or it can apply to all. A set of tool need to be distinguished before a business model and strategy may applied by carried out a few test and from there assumption can be made. Both business model and strategy may be combining to produce a better business organization. Introduction Magretta, 2002 writes an article about Why Business Models Matter. This article presents us on how a good business is start by having...
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...Cohesion Case: Competitive Advantage:Business Dilemma To survive and thrive, an organization must create a competitive advantage. A competitive advantage is a product or service that an organization's customers place a greater value on than similar offerings from a competitor. Unfortunately, competitive advantages are typically temporary because competitors often seek ways to duplicate the competitive advantage. In turn, organizations must develop a strategy based on a new competitive advantage. When an organization is the first to market with a competitive advantage, it gains a first-mover advantage. The first-mover advantage occurs when an organization can significantly impact its market share by being first to market with a competitive advantage. FedEx created a first-mover advantage by creating its customer self-service software, which allows people and organizations to request parcel pickups, print mailing slips, and track parcels online. Other parcel delivery companies quickly began creating their own online services. Today, customer self-service on the Internet is a standard for doing business in the parcel delivery business. Page 14 As organizations develop their competitive advantages, they must pay close attention to their competition through environmental scanning. Environmental scanning is the acquisition and analysis of events and trends in the environment external to an organization. Information technology has the opportunity to play an important role in environmental...
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...CIS500 Week 1, Chapter 1: Information Systems in the 2010s Slide# | Topic | Narration | Slide 1 | Introduction | Welcome to Information Systems for Decision MakingIn this lesson we will discuss Information Systems in the 2010s.Next slide. | Slide 2 | Topics | The following topics will be covered in this lesson:Positioning IT to optimize performance;Describing information systems and information technology;Business performance;Strategic planning and competitive models;And the importance of IT.Next slide. | Slide 3 | Positioning IT to Optimize Performance | The 2010s have brought about the need for organizations to deploy applications that can connect, communicate, collaborate, and do e-commerce on-demand, in real-time, and at a distance from the brick-and-mortar infrastructure. The integration of broadband telecommunications, the Internet, digital communications, high-performance mobile devices, and the digitization of all media content have become possible because of these technologies. The integration of information technology, or IT, information systems, or IS, and organizational strategic plans, forms the critical infrastructure, and that infrastructure has enabled the next wave of IT developments and breakthroughs.This lesson looks at some of the latest IT developments and how companies might deploy them to improve performance. The lesson covers business-critical IS applications and IT solutions, most of which integrate wireless networks and social technologies...
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...and policies of an organization. Architecture is the process of moving a business vision and strategy into effective change, communicating the current capabilities and rethinking the principles and models that describe the future state of the company and facilitate their evolution (Fui-Hoon, Lee-Shang, and Kuang, 2001). Enterprise Architecture is a strategic practice, which connects the relationship between business initiatives that leverage technology, to evaluate the strengths and weaknesses, and develop strategies for transformation, from the current architecture to an architectural model that represents a future vision. The enterprise architecture must be aligned with the business model, defining a logical structure for implementing the strategy. The requirements to be met by enterprise architecture model are given by the strategic business objectives. The operational model of Enterprise Architecture should establish baselines model relationship between Business and IT, through the definition and description of business processes of an organization. It will be necessary to create cross-sectional areas as organization, IT Architecture and Quality, among others. Enterprise Architecture Enables SDLC The enterprise architecture complements the phases of system development life cycle. The SDLC consists of serious of steps that system developers are supposed to follow when developing systems in a firm or organization. The EA complements...
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...Chapter 1 Business Information Systems in Your Career 1.1 Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall Essentials of Management Information Systems Chapter 1 Business Information Systems in Your Career STUDENT LEARNING OBJECTIVES • How are information systems transforming business and what is their relationship to globalization? • Why are information systems so essential for running and managing a business today? • What exactly is an information system? How does it work? What are its people, organization, and technology components? 1.2 Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall Essentials of Management Information Systems Chapter 1 Business Information Systems in Your Career STUDENT LEARNING OBJECTIVES • How will a four-step method for business problem solving help you solve information systemrelated problems? • How will information systems affect business careers and what information systems skills and knowledge are essential? 1.3 Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall Essentials of Management Information Systems Chapter 1 Business Information Systems in Your Career The New Yankee Stadium Looks to the Future • Problem: Escalating salaries, travel costs, and ticket prices, more competing entertainment options. • Solutions: Enhance fan experience by building state-of-the-art new stadium. 1.4 Copyright © 2011 Pearson Education, Inc. publishing as Prentice...
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...Sadanand Patil. Instructor: Hamed Saremi. ABSTRACT: In this paper we are going to review three journal articles based on Business Process Modeling and Simulation. These articles explain the importance of business process modeling and simulation in business processes. Authors discuss how modeling and simulation is done. We start with some information about the business processes explained by the authors then we will discuss business process modeling and methods of modeling. We will also go through how simulation modeling helps to evaluate alternate business process strategies. We will also discuss benefits of simulation of business process modeling. The purpose of this paper is to give readers idea about the journal articles, whether they are worth reading and importance of these articles and how these articles will help to understand Business Process Modeling and Simulation. INTRODUCTION: Ray J. Paul, Vlatka Hlupic and George M. Giaglis explained in their article that due to increasing competition, organizations need to make major changes in their each step of business process. BPR (Business Process Re-engineering) helps an organization to enhance the business process and also creates new ways in order to gain a competitive edge in a real market. BPR helps to redesign the business system for the enhancement of an organization. Many organizations faced a failure because of many factors such as difficulty in adapting new process, cost to redesign the whole process...
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...gratitude to Professor.Rajni Palikhey who helped and supported us right throughout the semester. This paper would not have been possible without her cooperation and technical assistance. We would also thank our Institution and our faculty members without whom this project would have been a distant reality. We also extend our heartfelt thanks to our family and well wishers. I would like to take this occasion to specially thank University of Northern Virginia to provide us with excellent faculty and also in supporting us getting quality education remotely. Contents SL No Title Page no 1 Abstract 5 2 Introduction to Databases 6 3 OLTP and OLAP Systems 7 4 Difference between OLTP and OLAP 9 5 Data Modeling 13 6 Workflows in Enterprise level Data warehousing 18 7 Business Intelligence tools used in Data flow and Data Warehousing 21 8 Analysis in Data warehousing 24 9 Conclusion 28 10 Foot Note 30 11 References 31 ABSTRACT These days majority of the applications, may it be web applications or windows applications or mobile applications, are completely database dependent. Most of the application developments are becoming database driven environments, hence rendering databases as one of the most key elements in a software environment. This dependency on databases can attributed to the increasing number of data requirements from the...
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...electronic commerce (EC) and describe its various categories. 2. Describe and discuss the content and framework of EC. 3. Describe the major types of EC transactions. 4. Describe the digital revolution as a driver of EC. 5. Describe the business environment as a driver of EC. 1-2 1 9/12/2011 Learning Objectives 6. Describe some EC business models. 7. Describe the benefits of EC to organizations, consumers, and society. 8. Describe the limitations of EC. 9. Describe the contribution of EC to organizations responding to environmental pressures. 10. Describe online social and business networks. 1-3 Electronic Commerce: Definitions and Concepts electronic commerce (EC) The process of buying, selling, or exchanging products, services, or information via computer networks 1-4 2 9/12/2011 Electronic Commerce: Definitions and Concepts EC can be defined from these perspectives: Business process Service Learning Collaboration Community 1-5 Electronic Commerce: Definitions and Concepts e-business A broader definition of EC that includes not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners, and conducting electronic transactions within an organization 1-6 3 9/12/2011 Electronic Commerce: Definitions and Concepts Pure versus Partial EC EC can take several forms depending on the degree of digitization 1. the product (service) sold 2. the process (e.g., ordering...
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...Literature Review of Information Technology Adoption Models at Firm Level Tiago Oliveira and Maria Fraga Martins ISEGI, Universidade Nova de Lisboa, Lisbon, Portugal toliveira@isegi.unl.pt mrfom@isegi.unl.pt Abstract: Today, information technology (IT) is universally regarded as an essential tool in enhancing the competitiveness of the economy of a country. There is consensus that IT has significant effects on the productivity of firms. These effects will only be realized if, and when, IT are widely spread and used. It is essential to understand the determinants of IT adoption. Consequently it is necessary to know the theoretical models. There are few reviews in the literature about the comparison of IT adoption models at the individual level, and to the best of our knowledge there are even fewer at the firm level. This review will fill this gap. In this study, we review theories for adoption models at the firm level used in information systems literature and discuss two prominent models: diffusion on innovation (DOI) theory, and the technology, organization, and environment (TOE) framework. The DOI found that individual characteristics, internal characteristics of organizational structure, and external characteristics of the organization are important antecedents to organizational innovativeness. The TOE framework identifies three aspects of an enterprise's context that influence the process by which it adopts and implements a technological innovation: technological...
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...IMPLEMENTATION: AN ALTERNATIVE CHOICE OF 8S’S Omar Khalid Bhatti Research Scholar International Islamic University, Malaysia “Execution, not strategy, offers an exclusive competitive advantage.” (Lippitt, 2007) INTRODUCTION Strategic implementation is an elemental step in revolving a company's vision and objectives into reality. To implement strategies successfully is critical for not only public but also for private organizations. Without proper implementation, even the most superior and fine strategy would not make the grade as established. In last few decades, a number of articles have been published to understand the significance of strategy implementation. Presenting not only models for better execution of strategies, as well highlighting factors that affect effective strategy implementation. As Aaltonen and Ikävalko (2002) and Zagotta and Robinson (2002) advocate that real value of strategy can only be recognized and accepted through execution. Hrebiniak (2006) also supports the opinion that without effective implementation of strategies no business strategy can succeed. According to Kaplan and Norton (2008) managers have always found it difficult to balance their near-term operational concerns with long-term strategic precedence. They further maintain that such pressure comes with the job and is an intrinsic tension that managers cannot avoid, yet must be addressed on a continuous basis. The view mentioned is also supported by Corboy and O’Corrbui (1999) who...
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